For Sale
$1,385,000

258 Houk Rd Delaware, OH 43015

18 Acres, 42-Unit Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 18.37-acre parcel in Delaware, Ohio (APN 519-331-02-005-000), presents a unique development opportunity. City of Delaware approvals are in place for a 42-unit residential project encompassing 21 buildings. The plan includes nine single-story ranch-style buildings with walkout lower levels and twelve with full basements. Units will range from 1500 to 2000 square feet per level, primarily featuring two bedrooms and two-car garages. Patios or decks are approved for walkout units, and 35 additional parallel parking spaces are included on a private street. A charming 864-square-foot former schoolhouse, built in 1897, is situated on the property and is currently leased. This represents one of the last approved developments within the city, offering significant potential for investors seeking a high-demand residential project in a desirable location. The property is zoned PRD. The asking price is $1,385,000.

Highlights

  • 18.37-acre development site in Delaware, OH (APN 519-331-02-005-000), approved for 42-unit residential project.
  • Existing 864 sq ft, 1897 schoolhouse, currently leased.
  • Project includes 21 buildings: nine ranch-style with walkout lower levels, twelve with full basements.
  • Units range from 1,500-2,000 sq ft, primarily two-bedroom with two-car garages.
  • 35 additional parking spaces and PRD zoning. Asking price: $1,385,000.

Property Details for 258 Houk Rd

Property type
Land
Lot Size (sq. ft)
800,197 SF

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.3061362
Longitude
-83.1101273

FAQs

What type of property is this?
Land - 18 Acres, 42-Unit Potential
Where is the land located?
The property is located at 258 Houk Rd Delaware, OH.
What is the asking price?
The asking price for this property is $1,385,000.
What are key features of this property?
This property features: 18.37-acre development site in Delaware, OH (APN 519-331-02-005-000), approved for 42-unit residential project.; Existing 864 sq ft, 1897 schoolhouse, currently leased.; Project includes 21 buildings: nine ranch-style with walkout lower levels, twelve with full basements.
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258 Houk Rd
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